Form 4: AAR Corp Director Robert F. Leduc Receives Restricted Stock Award
Insider Transaction Report
AAR Corp Director Robert F. Leduc was granted 2,198 shares of common stock as part of a restricted stock agreement, increasing his total beneficial ownership to 17,325 shares.
Summary
- Robert F. Leduc, a Director of AAR CORP (AIR), acquired 2,198 shares of common stock on June 1, 2025.
- The acquisition was an award of stock pursuant to a Restricted Stock Agreement, with a reported price of $0 per share, indicating it was a grant rather than a purchase.
- This transaction is exempt under Rule 16b-3 of the Securities Exchange Act of 1934.
- Following this award, Mr. Leduc's direct beneficial ownership of AAR CORP common stock increased to 17,325 shares.
Sentiment
Score: 7
Explanation: The sentiment is moderately positive as it indicates a standard compensation practice that aligns director interests with shareholders. It does not, however, provide information on the company's operational or financial performance.
Positives
- The award of restricted stock to Director Robert F. Leduc aligns his interests with those of shareholders, as his compensation is tied to the company's long-term performance.
- The transaction is a routine part of executive and director compensation, indicating stable corporate governance practices.
Future Outlook
N/A
Management Comments
- The award of stock was pursuant to a Restricted Stock Agreement in a transaction exempt under Rule 16b-3.
Industry Context
This Form 4 filing details a standard insider transaction, specifically a restricted stock award to a director. Such awards are common practice across various industries as a form of executive and director compensation, aiming to align management's interests with shareholder value creation. It does not provide broader industry trends or competitive insights.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Power of Attorney Authorization | Robert F. Leduc granted power of attorney to Katherine Kwiat, Jessica Garascia, Kim Loies, and Jamie Brown to execute and file Forms 3, 4, and 5 on his behalf, ensuring compliance with Section 16(a) of the Securities Exchange Act of 1934. | 01/10/2023 | This is a standard administrative measure to facilitate timely and accurate SEC filings for insider transactions, enhancing compliance efficiency without altering the underlying governance structure. |
Related Party Transactions
- The award of 2,198 shares of common stock to Director Robert F. Leduc is a related party transaction, as it involves compensation from the company to a member of its board of directors. This is a standard and disclosed form of executive compensation.
Stakeholder Impact
- Shareholders: The stock award aligns the director's financial interests with the long-term performance of the company, potentially benefiting shareholders through improved governance and strategic decisions.
Key Dates
| Date | Description |
|---|---|
| 01/10/2023 | Date Power of Attorney was executed by Robert F. Leduc. |
| 06/01/2025 | Date of the stock award transaction. |
| 06/02/2025 | Date the Form 4 was signed by power of attorney. |
Keywords
AAR CORP, AIR, Form 4, Insider Transaction, Stock Award, Restricted Stock, Director Compensation, Beneficial Ownership, Corporate Governance
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